Views
Listed By:
RE/MAX @ HOME
Address
1234 E Sanger Street, Philadelphia, PA
Price
$ 225,000
Property Attributes
  • MLS#PAPH2356776
  • TypeMulti-Family
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19124
  • NeighborhoodOxford Circle
  • Zip19124
  • StyleConverted Dwelling
  • Year Built1940
  • Taxes$ 2708
  • Price$ 225,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.04 Acres
Data Source:
Bright MLS
Property Description

Take a look at this well maintained fully occupied corner duplex located in the Oxford Circle neighborhood of Philadelphia. This a legal duplex that has two active rental license and each unit is occupied with long term tenants. The first floor is made up of 1 bedroom, 1 bath, a living area, a nice size kitchen and access to basement. They are currently paying $850/month on a yearly lease ending at the end of January of next year. The second-floor has 2 bedrooms, 1 bath, a living area and a full kitchen. 2nd floor tenant is currently pays $800/month on a yearly lease ending at the end of January of next year. Each unit has their own separate utilities and entrances providing privacy for each tenant. Each tenant pays for all of their own utilities. This duplex also comes with a garage that is currently used as a storage & rear parking space for the owner. The property is being sold "As-Is." The tenants would like to stay. This can be a great opportunity for an investor looking to add a cash flowing asset to their rental portfolio or for someone who is looking to live in one unit and rent out the other to help reduce living expenses. This property qualifies for the CRA program for a conventional loan with 3% down payment and no mortgage insurance. This Property Qualifies for a 10K Grant as it is in the Majority-Minority Census Grant offered by Prosperity Home Mortgage. Can be used for closing costs, buy the rate down, etc. 100% Forgivable to all buyers-not just first time home buyers, reach out for more information! With a transit score of 85, the area offers excellent transit options, making it convenient for most trips. Nearby dining options include Dell's Tavern, Jackie's King of Seafood, Oxford Restaurant Breakfast and Lunch, among many others. Local schools include Little Charlie's Day Care, Cintioli Music Center, William H. Ziegler School, and more. For groceries, you'll find F&C Food Market, Oxford Circle Produce Center, and several other options. It is a 10-minute trip to the MFL Frankford Transportation Center to 69th St TC at the Frankford TC - MFL stop. Nearby parks include Frankford Stadium, Wissinoming Park, Northwood Park, and Tarken Playground. Schedule your visit today!

Price History
5/21/2024 Listed $225,000

General Features

Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Immediate
Exterior Features Sidewalks,Street Lights
Zoning RSA5
Architectural Style Converted Dwelling
Construction Materials Masonry
Year Built 1940
Electric 100 Amp Service
View Street
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Gross Income 19800.00
OwnerPays Taxes - Real Estate
Accessibility None
County PHILADELPHIA
New Construction No
Property Type Multi-Family
Subdivision Name OXFORD CIRCLE
Garage Y/N No
Water Access Y/N No
Other Structures Above Grade,Below Grade
Transportation Airport less than 10 miles,Bus Stop less than 1 mile,Commuter Rail Station less than 1 mile
Status ACTIVE
Directions Coming from the east side of Oakland St,go straight and turn right onto Sanger St. The property will be on the left,at the corner of Sylvester St and Sanger St.
ModificationTimestamp 2024-05-21T14:33:16
City PHILADELPHIA
Buyer Agent Compensation 3
Total Units 2
MLS Area 19124 (19124)
Lot Size Square Feet 1633.00
Tax Assessed Value 193500.0
Waterfront Y/N No
Number of Units Leased 2
Street Name SANGER
Tax Annual Amount 2708.0
Home Warranty Y/N No
Property Condition Good
Two Bedroom 1
Structure Type End of Row/Townhouse
One Bedroom Units Count 1
Other Units Unit 1,Unit 2
Price Per Sq Ft Total 140.8
Acceptable Financing Cash,Conventional,FHA,VA
Historic Y/N No
Vacation Rental Y/N No
Virtual Tour https://view.ricoh360.com/a2c613f8-a884-4a3e-913c-9d9a7c23d594
Total SQFT 1598
Days on Market 1
Location Type Urban
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Tax Lot 417
Total Actual Rent 19800.00
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Oil
Basement Improved,Poured Concrete,Unfinished
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Central Air Y/N No
LivingAreaSource Estimated

Exterior Features

Pool No Pool
Parking Features Paved Driveway
Lot Features Corner,Front Yard
Water Source Public
Total Parking Spaces 2
Type of Parking Driveway
Land Use Code U30
Foundation Details Brick/Mortar
Spa No
Water View Y/N No
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 38700.00
Navigable Water Y/N No
Water Oriented Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19124

Price
AVG $280K
$230K
Taxes
AVG $2,597
$2,708
Visits
AVG 231
186
Data Provided by Inside Real Estate®
Year Built
AVG 1931
1940

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